Head of Audit - Insurance

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At Faithful Executive, we pride ourselves on connecting exceptional talent with outstanding opportunities across the Middle East. Our commitment to excellence and trust makes us a key partner for both clients and candidates.

We are currently recruiting on behalf of one of our partners based in Jeddah, KSA
, a leading player in the insurance sector
. As part of their continued organizational development and commitment to strong governance, they are seeking an experienced audit leader to head their internal audit function through the following role:

Position:
Head of Internal Audit

Key Responsibilities

• Lead and oversee the company’s internal audit department, ensuring effective governance, risk management, and control frameworks.
• Develop and execute a comprehensive, risk-based internal audit plan in alignment with regulatory requirements (SAMA) and corporate strategy.
• Provide independent assurance to the Audit Committee and senior management on the adequacy and effectiveness of internal controls and business processes.
• Manage, mentor, and develop the internal audit team to deliver high-quality, value-added audit engagements.
• Review financial, operational, compliance, and IT processes to identify risks, control weaknesses, and improvement opportunities.
• Coordinate with external auditors, regulators, and other assurance providers to ensure audit efficiency and compliance with industry standards.
• Report findings and recommendations to executive management and the Audit Committee, driving timely implementation of corrective actions.
• Stay up to date with emerging risks, regulatory changes, and best practices in the insurance and financial services industries.
• Foster a culture of integrity, transparency, and accountability across all business units.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related discipline (Master’s degree or MBA preferred).
• Professional certifications such as CIA, CPA, ACCA, CISA
  , or equivalent are required.
• Minimum 10–15 years of relevant audit experience, with at least 5 years in a senior leadership role within the insurance or financial services industry.
• Strong understanding of SAMA regulations
  , risk management frameworks, and internal control systems.
• Proven experience in leading cross‑functional audit teams and engaging with Board Audit Committees.
• Excellent communication and interpersonal skills, with the ability to influence senior stakeholders.
• High integrity, analytical mindset, and strategic thinking capabilities.
• Fluent in English (Arabic is a plus).

Interested?

If you are a strategic audit leader looking to drive excellence and governance within a leading insurance organization in Saudi Arabia, please send your CV to faical..

#Audit Jobs #KSAJobs #Head Of Audit  #Insurance Careers #Faithful Executive #Jeddah Jobs #Governance #Internal Audit #Executive Search

• Seniority level
  
  Mid‑Senior level

• Employment type
  
  Full‑time

• Job function
  
  Accounting/Auditing
• Industries Insurance and Insurance Carriers

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